379 FRONT St

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379 FRONT St, Central Elgin
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3 + 1
BEDROOMS
4
BATHROOMS
1
KITCHENS
12 + 3
ROOMS
X9510354
MLSID
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Property Description
Invest in Lakeside Living -Turn-Key Lake View Luxury in Port Stanley! Fully furnished Condo alternative 3 BDRMS / 4 Baths Sleeping 7. In demand short term rental that generates $399/night in the off season and $599/night in peak season w. a 2 night min rental. Backing onto a scenic ravine, this property offers a low-maintenance landscape with natural beauty and privacy, perfect for hassle-free ownership. Step into the inviting warmth of the living room, where a stunning vaulted ceiling and cozy gas fireplace set the perfect ambiance for relaxing or entertaining. Enjoy seamless indoor-outdoor living with a walk-out to your private front deck, an ideal spot for gathering with friends and family. Sunlight pours in from the east, south, and west-facing windows, filling the space with a bright and cheerful glow. Plus, stylish new frosted glass railings on all balconies and decks add a touch of modern elegance to this charming retreat. Drift off to sleep to the soothing sound of waves in the elegantly designed primary Bedroom, featuring a spacious deck with breathtaking views of the water and surrounding trees. Also on the upper floor, 2 Guest Bedrooms with ample closet space & a generous 4 pc bathroom. Let the gentle lake breeze flow through a second deck door off your Ensuite, as you unwind in the deep soaker tub. The lower level is perfect for family fun, featuring a gorgeous 3 pc bathroom, a spacious den with a closet, ideal for sleepovers, a family room for games, and a versatile flex room that can be used as a cozy den, gym or home office with abundant natural light. Create unforgettable memories with family and friends in the spacious living area, perfect for games, laughter, and quality time together. With plenty of room to spread out, enjoy board games, card tournaments, or cozy movie nights, all while soaking in the warm and inviting atmosphere of this beautifully designed retreat. Come see how this exciting investment will be a huge benefit to your portfolio!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-04-15 2024-07-24 100 $1,119,900 - Terminated
2024-04-15 2024-07-30 106 $1,139,900 - Terminated
2024-04-15 2024-07-24 100 $1,119,900 - Terminated
2024-02-14 2024-04-15 61 $1,149,900 - Terminated
2024-02-14 2024-04-15 61 $1,149,900 - Terminated
Property Features
Arts Centre, Beach, School, School Bus Route, Waterfront, Wooded/Treed
Property Details
Street
Community
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
2000-2500
Lot Size
181' x 142'
Acreage
< .50
Lot Irregularities
irregular
Fronting
West
Taxes
$5,974 (2023)
Basement
Finished, Full
Exterior
Concrete, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Pvt Double
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
KitchenMain12.99' x 15.81'Quartz Counter, Modern Kitchen, Centre Island
DiningMain6.10' x 14.30'Open Concept, W/O To Deck
LivingMain12.11' x 19.49'Vaulted Ceiling, W/O To Deck, Gas Fireplace
BathroomMain6.50' x 9.19'2 Pc Bath, Combined W/Laundry
Prim Bdrm2nd12.11' x 2,240.81', W/O To Deck, Overlook Water
2nd Br2nd6.59' x 11.48'O/Looks Ravine
3rd Br2nd9.81' x 11.91'
Bathroom2nd6.50' x 8.10'3 Pc Bath
Bathroom2nd7.91' x 9.71'4 Pc Ensuite
DenLower12.40' x 14.01'W/I Closet
BathroomLower5.09' x 10.89'3 Pc Bath
FamilyLower11.71' x 14.70'
Central Elgin Market Statistics
Central Elgin Price Trend
379 FRONT St is a 3-bedroom 4-bathroom home listed for sale at $1,149,900, which is $496,150 (75.9%) higher than the average sold price of $653,750 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 3 bedroom home in Central Elgin increased by $289,205 (79.3%) compared to the previous 30 day period (December 22 - January 20) and up $345,313 (112.0%) from the same time one year ago.
Inventory Change
There were 9 3-bedroom homes listed in Central Elgin over the last 30 days (January 21 - February 19), which is up 125.0% compared with the previous 30 day period (December 22 - January 20) and up compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Central Elgin typically sold ($50,950) (7.8%) below asking price over the last 30 days (January 21 - February 19), which represents a $137,577 increase compared to the previous 30 day period (December 22 - January 20) and ($6,465) less than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom homes in Central Elgin over the last 30 days (January 21 - February 19) stood at 44.4%, down from 275.0% over the previous 30 days (December 22 - January 20) and down from one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 4-bathroom home in Central Elgin stood at 56 days when successfully sold over the last 30 days (January 21 - February 19), compared to 56 days before being removed from the market upon being suspended or terminated.
Listing contracted with Century 21 First Canadian Corp.
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